ChrisJTradesFX

ChrisJTradesFX

If that $88.25 fail then I would be anticipating a nice drop. However, I don't believe that will happen but I feel price action will respect that huge HTF zone and head further up. In the event that zone is broken, $80.40 would be my next target. This is based off from a HTF perspective.

ChrisJTradesFX

I'm looking for a move up due to the anticipated move down. However, I'm bullish once there's a B.A.R. of the $49 - $53 levels. We shall see...

ChrisJTradesFX

These are my new areas of interest for RKT.

ChrisJTradesFX Updated 

The British Pound/US Dollar is the currency pair I track & trade. However, due to this weirdo year and the craziness of the US Dollar I felt the need to add a non US Dollar currency pair to my watchlist which came down to the Euro/British Pound Vs. British Pound/Australian Dollar.. it doesn't take rocket scientist to know who won that bout. Let's go! Even though...

ChrisJTradesFX Updated 

I'm publishing this idea with my older brother in mind due to him bringing this Marihuana stock to my attention a couple months ago. I'll try to be quick, but even though I don't like picking sides I will say that I'm more bullish than bearish for a few reasons so let's begin! Confluence (3 or more): 1. P.A. retested HTF resistance turned support for 1st time...

ChrisJTradesFX Updated 

Nice bull run, huh?! I can honestly see Bitcoin reaching $20,000 before the end of 2020 IF it can keep this bullish momentum going. However, the bears don't want you to sleep on them just yet because there's some barriers waiting up-top and P.A. is currently stalling at the moment. Bears: I would wait for a B.A.R. of the $15410 level to short down to...

ChrisJTradesFX

This is my take on what I see, technically. Confluence (3 or more): 1. H.T.F. continuation order block formed. Bull's favor. 2. P.A. heading towards order block after B.M.S. 3. P.A. breached previous LHs. Precursor. 4. Bullish Wedge currently forming from H.T.F. perspective. 5. P.A. rallied after O.B's 1st test. I would look for price to break lower before...

ChrisJTradesFX

This honestly seems pretty self-explanatory. Simply put, I would wait for breaks in market structure along with returns to continuations in order to participate in price action's movements.

ChrisJTradesFX

I don't have much to say, but I will state that I feel something is soon to happen with the greenback. I personally feel like the bears are going to enter the market but it may take some fundamentals to expedite the process... I'm just spit-balling my thoughts. You have to remain flexible so it'll be wise to plan for two scenarios in the event your initial...

ChrisJTradesFX

My two scenarios from a monthly perspective. We shall see..

ChrisJTradesFX

This is my view on the British Pound/US Dollar from a weekly perspective. I feel as though the tide is changing for the Sterling, FINALLY. The #1 indicator that'll never fail you is Price Action itself, and since we know this I'll share my thoughts as to why I believe it'll eventually head further up. Confluence (3 or more): 1. GBP had bottomed out, but...

ChrisJTradesFX

Here's something I'm currently working on with the British Pound/US Dollar. Why do I believe that Price Action will head further down? 1. P.A. broke a huge O.B. last week ($1.2980-1.3035). Precursor. 2. A new O.B. had formed ($1.3062-$1.3082) at the peak after breaking through the previous O.B. 3. The green candles underneath current price signifies potential...

ChrisJTradesFX

This is my current view from the H4 perspective. After the break of the previous TL I took that as a precursor for what was to come, and shortly after entering the higher O.B ($94.58-$94.83) it was rejected. Once the bears entered the market I would look for breaks in structure along with continuations to join in on the ride down. I'm anticipating price action...

ChrisJTradesFX

The market is at the low end of the curve of where price action is currently trading. I'm bullish on this pair, but I'll be even more bullish after there's a B.A.R. of the $9.8120. However, that may not happen for awhile unless there's some big news drop that'll help propel price to higher levels, but I would be anticipating some more bear action to assist in...

ChrisJTradesFX Updated 

Confluence (at least 3): 1. 2nd touch of diagonal resistance. 2. HTF O.B respected. 3. HTF O.B B.A.R. *Over 500 pips of potential profit margin underneath* Let's see how this one plays out.. stay flexible. Also, if my analysis help YOU in any way, shape or form then please consider donating to the cause. It's appreciated.

ChrisJTradesFX

Nasdaq-100's Monthly & weekly analysis from a daily perspective. You have a zone ($11703-$12439) that formed at the high end of the curve and an even bigger one at the low end so there's a huge range of opportunities to be taken advantage of in this particular market. It wouldn't surprise me to see some upward movement into the zone up top before price action...

ChrisJTradesFX

Monthly & weekly analysis from a daily perspective. It's extremely important to understand market structure in order to be on the right side while trading. Even though current market conditions is in the bear's favor, I'm bullish on DJI due to it's bullish structure from the higher time frames. Considering that my levels are HTF based, if scaled down you should...

ChrisJTradesFX

I'll say that from a higher viewpoint I'm noticing that there's some nice potential profit margin underneath Starbuck's current price action. Besides the barrier at the low end of the curve, that $40 level looks promising IF there's a B.A.R. of the $50 price point, but I'm bullish once there's a B.A.R. of the $99. We shall see.. Also, if my analysis help YOU in...